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KY.'S INSURANCE ASSOCIATES SUBMITS HIGH BID FOR BANKRUPT BURNETT
Jim Jordan |
Insurance Associates of Kentucky Inc. has submitted the apparent high bid for Burnett & Associates i
STATES PLAN TO DRAFT UNIFORM STANDARDS FOR AGENTS, BROKERS
Paul Dykewicz |
State insurance regulators plan to offer agents and brokers a set of uniform licensing standards in
MASSPORT PLANS PASSENGER FEE AT LOGAN TO RAISE FUNDS
Michael S. Lelyveld |
The Massachusetts Port Authority plans to impose a $3-a-ticket passenger charge starting in November
INSURANCE BRIEFS
From Wire and Staff Reports |
PA. GOVERNOR TO UNVEIL STATEWIDE HEALTH PLANHARRISBURG, Pa. - After two years of hearings an
CHINA JOINS TAIWAN-LED CHEMICAL DEAL IN MALAYSIA
Reuters |
China National Chemicals Import & Export Corp. has joined a Taiwan-led group in building a petrochem
LONDON METALS
JOC Staff |
(Pounds Sterling Per Metric Ton) May 18, 1993Bid AskedCopper_G
PRICES FOR SUGAR FUTURES SLIDE ON HEAVY PROFIT-TAKING COFFEE RISES AS STOCKS DECLINE
Wire and Staff Reports |
Prices for world sugar futures extended their early losses on heavy selling late Tuesday, primarily
NEW SHIPPERS, MEASURES HELP LIRR STEM RED INK
Gregory S. Johnson |
Staunching a flow of red ink, Long Island Rail Road's freight division has added new shippers, slash
NATION OBSERVES MARITIME DAY
Journal of Commerce Staff |
The annual memorial service honoring U.S. merchant mariners who lost their lives in wartime service
Maritime
SENATE PANEL REVIEWS TRANSPORT NOMINEES
Journal of Commerce Staff |
The Senate Commerce, Science and Transportation Committee made quick work of reviewing three nominee
FREIGHT RATE FUTURES
JOC Staff |
May 18, 1993 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
AUDIT REVEALS FINANCIAL WEAKNESS OF PHILA. PORT
David Johnston |
Despite a big increase in cargo on the Philadelphia docks during the last fiscal year, the financial
Maritime
FINANCING TRADE - GORDON PLATT WORLD BANK AGENCY RUNNING OUT OF FUNDS TO WRITE INSURANCE
JOC Staff |
The Multilateral Investment Guarantee Agency, a member of the World Bank Group, is running out of ca
EXPERTS LAUD MEXICO'S PROPOSAL FOR AUTONOMOUS CENTRAL BANK MOVE SEEN AS CEMENTING ECONOMIC REFORM
Kevin G. Hall |
Mexico's proposal to grant autonomy to its central bank sends investors a message that there will no
UK INDUSTRY OUTPUT FELL 1.3 PERCENT IN MARCH
Knight-Ridder Financial |
U.K. seasonally adjusted industrial production fell by a provisional 1.3 percent in March from Febru
NON-ANIMAL CHEMICAL TEST BOOSTS FIRM'S OUTLOOK
Rob Perez |
For years, the only government-approved way to test whether chemicals were corrosive was to place th
TRADE BRIEFS
From Wire and Staff Reports |
NICARAGUA AIDE ASKS US TO FREE FINANCIAL AIDWASHINGTON - Nicaragua's minister of the
Maritime
INCINERATOR POLICY RAISES STANDARDS
From Wire and Staff Reports |
Environmental Protection Agency Administrator Carol Browner unveiled a tough new incinerator policy
PHARMACEUTICAL GROUP URGES CLINTON TO DROP PLANS FOR PRICE BOARD
Jacqueline Frank |
Pharmaceutical manufacturers are urging the White House to abandon plans for a drug price monitoring
US AEROSPACE SUPPLIER FINDS SUCCESS IN GLOBAL MART
Brian Johns |
A Southern California aerospace supplier has turned domestic loss into global gain at a time when ma
WORLD TRADE CENTER NETWORK - TRADE LEADS
World Trade Center NETWORK |
FOR FURTHER INFORMATION:These trade leads are supplied through the World Trade Center NETWOR
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
ASHLAND'S KENTUCKY CRUDE UNIT SHUT INDEFINITELY AFTER BLAST
Knight-Ridder Financial |
Ashland Oil said its 30,000 barrel-a-day crude oil processing unit at its 213,400 b/d Catlettsburg,
STRIKE BY UNITED MINE WORKERS EXPANDS TO ASHLAND COAL, BEYOND
Knight-Ridder Financial |
The United Mine Workers of America Tuesday expanded its selective strike to include Ashland Coal Co.
NEW WAVE OF RIVER FLOODING HOUNDS BARGE OPERATORS, PORTS
John Boyd |
Flood-related problems are once again battering ports and barge operators this week as heavy rains h
CHINESE RUSH TO BUY GOODS IN HOPES OF BEATING INFLATION, DEVALUATION
P.T. Bangsberg |
Two headlines on the same page of the official China Daily newspaper told the tale: "Price Hikes Don
Maritime
REICH SAYS TRADE POLICY SHOULD HELP CREATE US JOBS
John Maggs |
Labor Secretary Robert Reich has sent a memo to President Clinton outlining his argument that the gl
Maritime
PEOPLE - INSURANCE
From Wire and Staff Reports |
AMERICAN INTERNATIONAL GROUP (New York) - Houghton Freeman, chief executive officer of subsidiary AI
HOUSE APPROVES BILL AUTHORIZING FMC BUDGET
WILLIAM DiBENEDETTO |
The House overwhelmingly passed a measure Tuesday authorizing a $19.45 million budget for the Federa
Maritime
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange May 18, 1993Prev. Life of Contr. OpenOpen High Low
CANADA POST ADDS TRUCKER TO COURIER NETWORK
Leo Ryan |
Canada Post Corp. has linked up with a Montreal-based trucking and warehousing firm in another expan
COAST GUARD DISCOVERS CHINESE DRIFT-NET VESSEL
Yereth Rosen |
The U.S. Coast Guard said it discovered a Chinese vessel committing the first known violation of the
Maritime
EXIT POLLS SHOW DANES APPROVE MAASTRICHT TREATY FOCUS SHIFTS TO BRITAIN
Bruce Barnard |
Danish voters breathed new life into the campaign for European economic and monetary union Tuesday w
JAPANESE INVESTORS BIDE THEIR TIME ON RUSSIAN ENERGY OPPORTUNITIES
JOC Staff |
Japanese investors lag their Western counterparts in the quest for Russia's rich energy sources, but
COST OF CREDIT
JOC Staff |
Tuesday, May 18, 1993 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada
TRADE SURPLUS GROWS IN JAPAN
Reuters |
Japan's politically sensitive trade surplus widened to $10.25 billion in April from $7.11 billion a
MITTERRAND MOCKS UK OVER SLOW TRAIN
Reuters |
President Francois Mitterrand mocked Britain Tuesday for not building a high- speed rail link to the
NS PLACES FIRST ORDER FOR NEW STACK CARS
Rip Watson |
Norfolk Southern Corp. has become the first customer for 600 new cars that have both a well for carr
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
GAS SECTOR LOOKS FOR UTILITIES TO GENERATE RAPID GROWTH
Dennis Melamed |
The U.S. natural gas industry, now stripped of many of its regulatory fetters, is looking to electri
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